Wednesday, March 6, 2013

Indices are mixed......

Dow & S&P 500 are UP while Nasdaq is slightly red.

S&P 500 @ 1541.85

Internals are positive

Oil Down $1.10

Gold Down 30 cents

Canadian $ Down 46 tick @ 96.85...eight month low as Canadian Central Bank is maintaining low interest rates

VIX Down .89% @ 13.36

Portfolio is BAC,BBRY,YHOO

Most stocks are UP

@ 1.53 following are down :

YHOO,JCP,RDN,PANW,KORS,M,
QIHU,AMZN,AAPL,MOS,GOOG,
EXPE,BIDU,LNKD,MA,CRUS,
JDSU,QCOM,MON,SINA,
BJRI,IBN......

BLOG does NOT give buy or sell.

Saleem

3 comments:

stocktrader_1996 said...

Hey Saleem,

Sold SODA @ 49.013. Something was just bothering me about the stock, including the fact that numerous people I've talked to either own the machine and don't use it or don't plan to buy one. Also, I guess I would have liked to see more short covering and/or just plain buying during this market charge. The lack of that tells me there's not a ton of underlying demand for the shares. At worst, I can buy back on a convincing break of $50, although I'm probably targeting the funds here for MTG/RDN.

Stocktrader

stocktrader_1996 said...

Hey Saleem,

Bought a half position in RDN @ 9.91 to start off.

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good move from SODA to RDN.....

Saleem